113 N Clinton Ave - Apartments FOR SALE


Rochester, NY 14604- Downtown Rochester
$2,750,000 USD
585-747-3791
113 N Clinton Ave, Rochester, NY for Sale
$2,750,000 USD
Apartments - FOR SALE
1/16
null | Request Cap Rate

113 N Clinton Ave
Rochester, NY 14604
Downtown Rochester


HIGHLIGHTS

  • Five-story, 68-room hotel offering strong existing cash flow and income stability.
  • Flexible layout suitable for emergency housing, extended-stay guests, or long-term tenancy.
  • Recent upgrades include a newer roof and modernized utilities for operational efficiency.
  • Brand new Certificate of Occupancy to be delivered at closing for compliance assurance.
  • Located in the heart of downtown, providing excellent accessibility and visibility.
  • Possible owner financing available with 50% down, creating an attractive acquisition option.

OVERVIEW

Located in the heart of downtown, 113 N Clinton Ave presents a RARE investment opportunity with exceptional income! This five - story, 68 Room Hotel combines strong existing cash flow with the flexibility to adapt to a variety of investment strategies. The property’s versatile layout allows for a good tenant mix, making it ideal for emergency housing, extended-stay occupants, or longer-term tenancy. Its solid construction and well-maintained structure are complemented by a newer roof, upgraded utilities, and will include a brand new Certificate of Occupancy at closing. Possible owner financing to the right buyer with 50% down. This is currently a TURNKEY CASH COW with Incredible Value - Add Potential! Don't miss out on this Opportunity!

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$129 USD /SF

# OF UNITS

68

PRICE/UNIT

$40,441

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Elk Place

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1923

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,923 SF

ZONING

-

APN/PARCEL ID

261400-106-790-0001-030-000-0000

ASK ABOUT THIS PROPERTY

Jess PetersPeters Realty GroupMore Info
585-747-3791

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Jess PetersPeters Realty GroupMore Info
585-747-3791

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.